The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Programming And Broadcasting Activities 60 - Programming and broadcasting activities
2,902 jobs Number of planned job losses
Announcement Date
11 June 2013
Employment effect (start)
11 June 2013
Foreseen end date
12 June 2013
Description
The Greek public television and radio broadcasting company, the Hellenic Broadcasting Corporation (ERT) is closing down and thus 2,902 people will be made redundant. On June 11 2013, the Greek government’s spokesperson announced the immediate closure of the company through a legislative decree. The closure affects all the staff (2,656 permanent employees and 246 fixed term contract staff) working at 5 TV channels, 29 radio stations, the ert.gr website, the ERT digital archive, and the Radiotileorasi magazine, as well as the National Symphonic Orchestra and the Contemporary Music Orchestra. As announced, corruption and mismanagement are the key reasons for the decision. Additionally, all the employees are going to be compensated and will have the chance to apply for a job at the new organization (which will launch its operations at a later stage under a new organizational structure and with considerably fewer employees – around 1,200 people). The decision for the closure was made under the framework of the governmental commitment to the bailout creditors for major restructuring in the public sector. The POESY media trade union federation accused the government of sacrificing the broadcaster in order to satisfy troika demands. The country’s largest employee unions GSEE and ADEDY held a large 24-hour strike on Thursday, June 13th. Until now journalists and technicians of public television ERT continue to broadcast program despite the government decision and the order to evacuate the building.
Updated, 18/06/13 Greece’s top administrative court has ordered the state broadcaster ERT back on air while it is restructured.
Sources
12 June 2013: Imerisia
13 June 2013: Financial Times
11 June 2013: Karthimerini
12 June 2013: Naftemporiki
Citation
Eurofound (2013), Hellenic Broadcasting Corporation, Closure in Greece, factsheet number 75518, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75518.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
